Why Is Wall Street So Bearish on Palantir Stock? There's 1 Key Reason.

Palantir Technologies (NASDAQ: PLTR) has been one of the biggest winners of the AI boom. The deep data analytics stock has seen its revenue growth accelerate and its operating margin expand, thanks in part to the launch of its Artificial Intelligence Platform (AIP).The stock was the top performer on the S&P 500 last year and has doubled so far this year, defying some expectations of a pullback. However, Wall Street seems to be turning increasingly bearish on the stock.According to Tipranks, just five out of the 20 analysts rating the stock call it a buy. Of the remainder, 13 call it a hold, while two give it a sell rating. The average price target on the stock is $155, implying 7% downside. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool